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Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Elevance Health, Inc. (NYSE:ELV)

Strong Uptrend (+100) - ELV is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ELV continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid ELV?

MarketClub looks at technical strength and momentum to determine if the timing is right for ELV.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_ELV
Open High Low ELV Price Change
538.65 539.76 532.19 533.26 -2.91
Entry Signal

MarketClub’s Trade Triangles for ELV

long term up The long-term trend has been UP since Oct 18th, 2023 at 480.955

intermediate term up The intermediate-term trend has been UP since Apr 18th, 2024 at 521.180

short term up The short-term trend has been UP since May 6th, 2024 at 528.605

Smart Scan Analysis for ELV

Based on our trend formula, ELV is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for ELV
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
538.65 539.76 532.19 533.26 -2.91
Prev. Close Volume Bid Ask Time
536.17 595165 2024-05-08 15:59:44
52wk High542.0752wk High Date2024-04-25
52wk Low41252wk Low Date2023-07-12
Average Volume1,103,431Shares Outstanding232,418
Assets111,894,000MLiabilities712,860,000M
P/E Ratio20.2405
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